NOT LISTED FOR SALE

2975 Ocean Front Walk Unit 3 San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $3,680,764 - $4,194,000

3 Beds
3 Baths
1,725 Sq Ft
$1,050/mo HOA Fee

Last Sold February 09, 2021

Last sale price $3,200,000 $1,855 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $25,338/month

60 Days on Market

Highlights

  • Penthouse
  • 0.1 Acre Lot
  • 2 Car Attached Garage
  • Pacific Beach Elementary School Rated A-
  • Private Yard
  • 1-minute walk to Mission Beach Park

About This Home

As of February 2021

Stunning South Mission Beach Ocean Front penthouse. Enormous view sun-deck, plus ocean level patio, lounge & fire-table. Meticulously maintained & well appointed. Panoramic ocean views from LR, DR, Kit, M- BR & Bath. Disappearing walls of glass bring the outdoors in. Custom finishes exude fine details & contemporary style. 2-car tandem garage parking, plus additional space. En-suite guest quarters plus full 3rd bath, in- home laundry, wine frig, island dining & fireplace ensure very comfortable living.

Last Agent to Sell the Property

Bob Ruane

Compass License #01073889 Listed on: 10/10/2020

Compass

Last Buyer's Agent

Scott Booth

Compass License #01397371

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,746

Year Built

  • Built in 1988

Lot Details

  • Property is Fully Fenced
  • Private Yard

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Garage

Home Design

  • Penthouse
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1,725 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 423-691-04-03

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), limited insurance, roof maintenance
  • 3 Units
  • 2975 Ofw Association, Phone Number (619) 895-1761
  • 2975 Ofw Community

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,746

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,050 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Ensenada Ct
  • Neighborhood: South Mission Beach
  • LP / Sq Ft: 1971.01
  • Price Per Sq Ft: 1855.07
  • Residential Unit Location: No Unit Above, Penthouse
  • SP/ Sq Ft: 1855.07
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1988
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Energy Star Appliances
  • Fireplaces: 1
  • Fireplace: Gas
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15x17
  • Full Bathrooms: 3
  • Laundry Location: Inside
  • Estimated Sq Ft: 1725
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached, Tandem
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: 2975 Ofw
  • Total Fees: 12600.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 3
  • Total Number of Units: 3
  • Property Management Company: BAM
  • Property Management Phone: 6198951761
  • Community: MISSION BEACH
  • Home Owner Association: 2975 OFW
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Limited Insurance, Roof Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1050.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 6198951761

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 1050

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: MB-RS
  • Assessor Parcel Number: 423-691-04-03
  • Estimated Lot Sq Ft: 4332
  • Estimated Number of Acres: 0.1
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Moorhead George Wesley and Moorhead Barbara
Bought by
Moorhead Family Living Trust and Moorhead
Current Estimated Value
$3,924,921

Purchase Details

Listed on
Oct 10, 2020
Closed on
Jan 4, 2021
Sold by
Wear Reed Bartlett and Wear Linda Ann
Bought by
Moorhead George Wesley and Moorhead Barbara
Seller's Agent
Bob Ruane
Compass
Buyer's Agent
Scott Booth
Compass
List Price
$3,400,000
Sold Price
$3,200,000
Premium/Discount to List
-$200,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$1,500,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moorhead Family Living Trust -- None Listed On Document
Moorhead George Wesley $3,200,000 Lawyers Title Sd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moorhead George Wesley $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2021 02/09/21 Sold $3,200,000 -5.9% $1,855 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $3,400,000 -- $1,971 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,746 $3,463,782 $3,057,870 $405,912
2024 $41,746 $3,395,865 $2,997,912 $397,953
2023 $40,828 $3,329,280 $2,939,130 $390,150
2022 $39,742 $3,264,000 $2,881,500 $382,500
2021 $31,437 $2,548,138 $2,151,763 $396,375
2020 $31,055 $2,522,011 $2,129,700 $392,311
2019 $30,500 $2,472,561 $2,087,942 $384,619
2018 $28,512 $2,424,080 $2,047,002 $377,078
2017 $27,841 $2,376,550 $2,006,865 $369,685
2016 $27,403 $2,329,952 $1,967,515 $362,437
2015 $26,998 $2,294,955 $1,937,962 $356,993
2014 $26,567 $2,250,000 $1,900,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Ruane

    Seller's Agent in 2021

    Bob Ruane

    Compass

    (858) 488-1400

    14 in this area

    29 Total Sales

    Bob Ruane
    Section Image
  • Scott Booth

    Buyer's Agent in 2021

    Scott Booth

    Compass

    (858) 775-0280

    7 in this area

    100 Total Sales

    Scott Booth
    Section Image
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Map

Source: San Diego MLS

MLS Number: 200048222

San Diego MLS

APN: 423-691-04-03

California San Diego County San Diego 92109 Mission Beach

2975 Ocean Front Walk Unit 3, San Diego, CA

This home is located at 2975 Ocean Front Walk Unit 3, San Diego, CA 92109 since 10 October 2020 and is currently estimated at $3,924,921, approximately $2,275 per square foot. This property was built in 1988. 2975 Ocean Front Walk Unit 3 is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

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